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November 20, 2024

PJM

PJM Interconnection LLC is a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
BOEM
Fierce Bidding Pushes NY Bight Auction to $4.37 Billion
Six companies offered a record $4.37 billion for 5.6 GW of offshore wind capacity in the New York Bight after three days of fierce bidding.
PJM
FERC Approves PJM Capacity Auction Date Changes
FERC approved PJM's revised schedule for the upcoming Base Residual Auctions, incremental auctions and the associated pre-auction deadlines.
National Grid
RI Agency Approves PPL Acquisition of Narragansett Electric
The Rhode Island Division of Public Utilities and Carriers approved PPL's acquisition of Narragansett Electric from National Grid.
PPL
PPL Announces Losses, Dividend Cut in Q4 Call
PPL’s stock price took a sharp hit when it announced during its Q4 earnings call that it was cutting dividends in half and missed earnings targets.
© RTO Insider LLC
FERC Approves Pause of PJM Transmission Constraint Penalty Factor in Virginia
FERC approved a temporary halt to PJM’s transmission constraint penalty factor rules in Virginia’s Northern Neck peninsula.
© RTO Insider LLC
FERC: PJM Right to Block Gen Stability Limit Payments
FERC ruled that PJM is within its rights to refuse lost opportunity cost payments to generators that must rein in output to avoid damage to themselves.
© RTO Insider LLC
MISO, PJM Weigh ’22 Interregional Plan
MISO and PJM are assessing the need for an interregional study and transmission plan this year.
PJM
PJM MRC/MC Preview: Feb. 24, 2022
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on Feb. 24, 2022.
Powhatan Energy Fund
Powhatan Energy to Declare Bankruptcy
Powhatan Energy Fund is filing for Chapter 7 bankruptcy, effectively ending more than a decade of litigation.
Organization of MISO States
MISO, SPP Take on 2nd Interregional Planning Effort
MISO and SPP said that they will create a Targeted Market Efficiency Project study process to look for even more interregional project opportunities.

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